The Riksbank to buy municipal bonds
As a next step in the Riksbank’s bond-purchasing programme, the Executive Board of the Riksbank has decided at an extraordinary monetary policy meeting to purchase bonds issued by Swedish municipalities and regions and by Kommuninvest i Sverige AB for a nominal amount of SEK 15 billion. This is taking place against the backdrop of the serious decline in the Swedish economy and continued major uncertainty about economic developments as a result of the corona pandemic. To keep monetary policy expansionary, provide support to the economy and broadly support credit supply in the Swedish